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1 New Update. 01:06:05 PM IST, 07 Apr 2026. Gold Silver Rate Today Live Updates: Ponmudi R, CEO of Enrich Money on MCX Silver. MCX Silver is trading around ₹2


Gold, silver prices turn volatile after brief rally. What investors should
MARKET SHOWING SIGNS OF FATIGUE. According to Ponmudi R, CEO of Enrich Money, gold is facing resistance at higher levels. “MCX gold is hovering around Rs 1
IIndia Today
April 7, 2026 at 11:17 AM


Stock Market Live Update: सेंसेक्स 100 अंक टूटा, निफ्टी 22950 के
new; एजुकेशन · जॉब · Sports · एस्ट्रो ... Update:Enrich Money के CEO, पोनमुडी आर की राय. Enrich Money के CEO, पोनमुडी आर (Ponmudi R) ने कहा कि चिंताएं अभी भी बनी हुई हैं।
Hhindi.moneycontrol.com
April 7, 2026 at 10:36 AM


Sensex Today, Nifty 50 | Stock Market LIVE - Mint
Ponmudi R, CEO of Enrich Money. 7 Apr 2026, 10:11:26 AM IST. Stock Market Today LIVE: Swan Defence share price hits 5% upper circuit on securing ammonia dual
Mmint
April 7, 2026 at 07:40 AM


Sensex, Nifty drop 1% in early trade; rate-sensitive banking, auto
Ponmudi R, CEO of Enrich Money, a SEBI-registered online trading and wealth tech firm. Top Videos · Watch More · Morten Wierod on Crisis Management
FFortune India
April 7, 2026 at 10:25 AM


Live Stock Market Updates: स्टॉक मार्केट अलर्ट! आज की तेजी टिकेगी या
Live Updates. Sort. Latest, Oldest. 09:17 (IST) 07 Apr 2026. Live Stock ... Live Stock Market Updates: Enrich Money के CEO, Ponmudi R ने कहा कि चिंताएं अभी भी बनी हुई हैं
IIndia News
April 7, 2026 at 09:22 AM


Sensex jumps 787 points; Nifty nears 23k level on softening crude
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 9,931.13
DDaily Excelsior
April 7, 2026 at 04:20 AM


Sensex jumps 787 points; Nifty nears 23k level on softening crude
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 9,931.13
TThe Sen Times
April 6, 2026 at 07:36 PM


Sensex and Nifty Recover as Crude Oil Prices Dip and Bank Stocks
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 9,931.13
Wwww.rediff.com
April 6, 2026 at 05:45 PM


Sensex jumps 787 points; Nifty nears 23k level on softening crude
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 9,931.13
DDT Next
April 6, 2026 at 05:45 PM
Today Forecast
Pre-Market Outlook
2026-04-0707:10 AM
Geopolitical tensions in West Asia continue to shape market sentiment, with the U.S.–Iran conflict now entering its sixth week. However, market reactions appear more measured, suggesting investors are increasingly adopting a wait-and-watch approach rather than responding with heightened risk aversion. Repeated rhetoric, particularly from the U.S., has had a diminishing impact on market behaviour of late, with recent statements failing to trigger significant reactions, indicating that participants may be factoring in a degree of fatigue in the conflict dynamics.
Foreign institutional investor (FII) outflows remain a key pressure point. Sustained selling reflects a calibrated de-risking strategy amid elevated crude prices, persistent geopolitical uncertainty, and a broader risk-off environment. Until there is a visible moderation in these outflows, the market is likely to struggle in sustaining a meaningful upside.
Crude oil prices, hovering in the $110–113 range, continue to act as a significant overhang. Elevated prices raise concerns around inflation, widen India’s import bill, and add pressure on the currency. However, the relative stability in the rupee, trading within the 92.50–93.20 range, suggests active intervention by the Reserve Bank of India, which has helped contain volatility and provide some support to overall sentiment.
At this stage, market direction will largely depend on how the geopolitical situation evolves. While the initial phase of heightened fear appears to have been priced in, investors remain cautious and are awaiting clearer signals before taking more decisive positions.
Technical View
NIFTY 50
Nifty 50 is showing early signs of recovery after recent weakness, but the structure is not yet strong enough to confirm a reversal. The index is currently hovering near the 23,000 zone, which continues to act as an immediate resistance level. A sustained move above this level can trigger a short-term pullback towards 23,200–23,500. On the downside, 22,800–22,750 is acting as a near-term demand zone, followed by a stronger support at 22,550. Momentum indicators like RSI have recovered from oversold territory but still indicate neutral to weak strength. Overall, unless Nifty sustains above 23,000, the broader trend remains cautious.
BANK NIFTY
Bank Nifty is attempting a recovery, but the overall structure remains weak. The index is facing immediate resistance in the 52,800–53,000 range, and only a decisive breakout above this zone can open the path towards 53,600–54,000. On the downside, immediate support is placed at 52,200–52,000, followed by a stronger base near 51,800. Momentum remains subdued, and the index needs confirmation through a strong close above resistance to shift sentiment. Until then, the trend remains sideways to weak with limited upside conviction.
Ponmudi R, CEO of Enrich Money
Today Nifty Outlook
NIFTY50
Today Bank Nifty Outlook
BANK NIFTY

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